Greece
Gov’t wants to cut OPAP's VLTs plans
The Greek government proposed last week that OPAP should operate a total of 25,000 video lottery machines, down from the 35,000 machines the country's current legislation stipulates.
2017-08-07
Reading time 27 seg
The Greek government proposed last week that OPAP should operate a total of 25,000 video lottery machines, down from the 35,000 machines the country's current legislation stipulates.
The Finance Ministry confirmed Firday it had tabled a piece of legislation which reduces the number of machines, aiming at a smaller exposure to gambling and a more effective supervision by the authorities.
OPAP has said it will conclude the roll-out of 16,500 video lottery terminals (VLTs) by May next year. The company plans to subcontract another 18,000 machines.
OPAP offers sports betting and lotteries through a network of about 5,750 outlets in Greece and Cyprus via a revenue-sharing scheme with agents. The operator was fully privatized in 2013.
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